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SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB)

ETF · Currency in USD · Last updated May 21, 2022

HYMB is a passive ETF by State Street tracking the investment results of the Bloomberg Municipal Yield. HYMB launched on Apr 13, 2011 and has a 0.35% expense ratio.

ETF Info

  • ISINUS78464A2841
  • CUSIP78464A284
  • IssuerState Street
  • Inception DateApr 13, 2011
  • RegionNorth America (U.S.)
  • CategoryMunicipal Bonds
  • Expense Ratio0.35%
  • Index TrackedBloomberg Municipal Yield
  • Asset ClassBond

Trading Data

  • Previous Close$51.08
  • Year Range$50.72 - $59.59
  • EMA (50)$53.37
  • EMA (200)$56.40
  • Average Volume$768.33K

HYMBShare Price Chart


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HYMBPerformance

The chart shows the growth of $10,000 invested in SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF on Apr 15, 2011 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $16,452 for a total return of roughly 64.52%. All prices are adjusted for splits and dividends.


HYMB (SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF)
Benchmark (^GSPC)

HYMBReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-3.80%-12.57%
YTD-14.06%-18.14%
6M-13.31%-17.07%
1Y-12.24%-5.21%
5Y1.52%10.37%
10Y3.30%11.49%

HYMBMonthly Returns Heatmap


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HYMBSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF Sharpe ratio is -3.35. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


HYMB (SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF)
Benchmark (^GSPC)

HYMBDividend History

SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF granted a 3.58% dividend yield in the last twelve months, as of May 21, 2022. The annual payout for that period amounted to $1.83 per share.


PeriodTTM20212020201920182017201620152014201320122011
Dividend$1.83$1.92$2.10$2.33$2.26$2.10$2.28$2.59$2.59$2.64$2.89$2.27

Dividend yield

3.58%3.22%3.71%4.28%4.54%4.43%4.97%5.78%5.98%7.21%7.30%6.62%

HYMBDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


HYMB (SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF)
Benchmark (^GSPC)

HYMBWorst Drawdowns

The table below shows the maximum drawdowns of the SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF is 29.57%, recorded on Mar 23, 2020. It took 200 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-29.57%Mar 6, 202012Mar 23, 2020200Jan 6, 2021212
-16.59%May 21, 201379Sep 11, 2013173May 20, 2014252
-14.88%Jul 28, 2021205May 18, 2022
-7.98%Aug 30, 201665Nov 30, 2016187Aug 29, 2017252
-4.28%Dec 7, 20128Dec 18, 201222Jan 22, 201330
-4.2%Feb 2, 2015104Jun 30, 201580Oct 22, 2015184
-3.65%Sep 6, 201760Nov 29, 2017122May 25, 2018182
-2.49%Feb 12, 20219Feb 25, 202139Apr 22, 202148
-1.93%Jun 2, 201425Jul 7, 201427Aug 13, 201452
-1.89%Sep 7, 201824Oct 10, 201854Dec 28, 201878

HYMBVolatility Chart

Current SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF volatility is 5.60%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


HYMB (SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF)
Benchmark (^GSPC)

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